Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore - 2023

Contents:

  1. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (CIF) - 2022
  2. Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (FOB) - 2022
  3. Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore
  4. Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore

Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (CIF) - 2022

In 2022, the average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $22,873 per ton, picking up by 6% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2015 an increase of 18% against the previous year. As a result, import price reached the peak level of $33,182 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($43,582 per ton), while the price for Italy ($14,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (FOB) - 2022

In 2022, the average export price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $23,459 per ton, falling by -8.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 23%. As a result, the export price attained the peak level of $37,274 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($32,093 per ton), while the average price for exports to the United States ($10,817 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore

In 2022, the amount of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses imported into Singapore amounted to 385 tons, increasing by 13% against the previous year's figure. In general, imports, however, recorded a perceptible setback.

In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses skyrocketed to $8.8M in 2022. Over the period under review, imports, however, recorded a pronounced shrinkage.

Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.53.02.52.8-20.2%
Italy2.12.22.42.810.1%
United Kingdom0.40.20.41.244.2%
Germany1.41.01.21.0-10.6%
Argentina0.30.70.40.518.6%
Others0.50.30.50.50.0%
Total10.27.47.48.8-4.8%

Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Singapore in 2022:

  1. Italy (192.2 tons)
  2. United States (90.5 tons)
  3. United Kingdom (49.4 tons)
  4. Germany (25.8 tons)
  5. Argentina (11.6 tons)

Exports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore

In 2022, approx. 96 tons of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses were exported from Singapore; picking up by 12% compared with 2021. Over the period under review, exports showed a relatively flat trend pattern.

In value terms, exports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses amounted to $2.3M in 2022. Overall, exports, however, recorded a drastic downturn.

Export of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China954705576776-6.7%
Indonesia586547595551-2.0%
Japan786641419458-16.5%
Australia354311355239-12.3%
India35932753.5110-32.6%
Thailand74.141.024.935.5-21.8%
United States0.910881.51.313.0%
NetherlandsN/A97.04.9N/A-94.9%
Others10116192.289.0-4.1%
Total3,2162,9392,2022,260-11.1%

Top Export Markets for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes from Singapore in 2022:

  1. Indonesia (32.4 tons)
  2. China (31.8 tons)
  3. Japan (15.2 tons)
  4. Australia (7.5 tons)
  5. India (4.7 tons)
  6. Thailand (2.1 tons)
  7. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Top Import Markets for Essential Oils: Key Statistics and Insights
Jan 22, 2024
Eye 440

Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.

Which Country Imports the Most Essential Oils in the World?
Jul 26, 2018
Eye 1546

In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...

Which Country Exports the Most Essential Oils in the World?
Jul 26, 2018
Eye 6574

In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...

Top Import Markets for Essential Oils: Key Statistics and Insights
Jan 22, 2024
Eye 440

Discover the leading import markets for essential oils worldwide, including key statistics and insights. Explore the demand, trends, and opportunities in the billion-dollar industry.

Which Country Imports the Most Essential Oils in the World?
Jul 26, 2018
Eye 1546

In value terms, essential oils imports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over t...

Which Country Exports the Most Essential Oils in the World?
Jul 26, 2018
Eye 6574

In value terms, essential oils exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% over th...

Free Data: Oils, essential; of lemon (terpeneless or not), including concretes and absolutes - Singapore